Thailand’s Ministry of Digital Economy and Society (DES) has told Meta’s (META) Facebook to curb the number of fraudulent crypto investment scams being advertised on the site, or risk being expelled from the country.
These fraudulent ads have affected more than 200,000 people, according to a statement published on the Ministry’s website. Chaiwut Thanakmanusorn, the Minister in charge of DES has asked a Thai court to prepare an order that would shut down Facebook by the end of the month if the platform doesn’t comply.